Breakout Stock PRFX - Here is how I made 40% when stock is outSo, I have been tracking about 3500+ stocks that alert me when news is with some criteria such as float and relative volume. So today, my tracker alerted me at 8.42 am EST that PRFX had news and was potentially breaking out. What I did I got in at $3.96 and sold when scalper indicator signals the Trending Down.
I normally only buy 1 time per stock per day and don't chase. I make sure I will always have a 10% stop loss and 20% take profit, and with a breakout, I manually stretch the take profit limit order by another 20% and bring my stop loss above entry by 10%.